Decrypt • Nov 27, 23
Gaming Tokens Keep Rising as Axie Infinity, Ronin, and Illuvium Pump
Video game tokens including AXS, RON, and ILV had a strong week, plus ApeCoin hit a three-month high over the weekend.
Read more

Create a Coinbase account to buy and sell Axie Infinity on the most secure crypto exchange.
Market cap
$878.8M
Volume (24h)
$117.8M
Circulating supply
132.0M AXS
Typical hold time
48 days
Popularity
#62
All time high
$165.37
Price change (1h)
0%
Price change (24h)
+1.22%
Price change (7d)
-3.2%
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
AXS is an Ethereum token that powers Axie Infinity, a blockchain-based game where players can battle, collect, and build a digital kingdom for their pets. AXS holders can claim rewards for staking their tokens, playing the game, and participating in key governance votes.
Axie Infinity is a blockchain-based game that allows players to collect, breed, raise, battle, and trade digital creatures known as Axies. Think of it as a crypto-meets-Pokémon game where players raise, battle, and trade cute NFT pets called Axies. It features two native cryptocurrencies: Axie Infinity Shards (AXS), which can be bought and sold on exchanges like Coinbase, and Small Love Potion (SLP), which is awarded to players for spending time in the game. Axie Infinity Shards (AXS) is Axie Infinity ecosystem's own token and can be used to participate in key governance votes. Each Axie is a non-fungible token (NFT) with distinct attributes and strengths, and they can be entered into 3v3 battles, with the winning team receiving more experience points. These points can be used to level up an Axie's stats or evolve their body parts. Axies can also be bred together to produce new offspring, which can be used or traded on the Axie marketplace. To solve the scalability problem, Axie Infinity created its sidechain on Ethereum called Ronin Network, which ensures instant transactions not involving the Ethereum blockchain. Most transactions happen on a speedy, bespoke sidechain called Ronin, which developer Sky Mavis designed to have lower fees than the main Ethereum blockchain.
The gameplay of Axie Infinity revolves around fighting and breeding Axies. Players need to have an Axie to join the battle and select Adventure Mode (PvE) or Arena Mode (PvP). The game also features a marketplace where players can trade their Axies and land plots. A key feature of Axie Infinity is community engagement, where each member contributes, participates in governance, and generates content. There are two special cryptocurrencies used in the game: The main token, Axie Infinity Shards (AXS), can be bought and sold on exchanges like Coinbase. You need some AXS to play the game, but you can also trade AXS like Bitcoin, Dogecoin, or any other major crypto. AXS will also serve as a governance token, which allows holders to have a say in the future of the game. A second token, called Small Love Potion (SLP), is awarded to players for spending time in the game. You can win some for beating an opponent's Axie or for completing in-game quests. The more you play, the more SLP you can rack up. (While this asset is not currently available on Coinbase, you can buy and sell SLP via DEXs like Uniswap or SushiSwap.)
Axie Infinity was created in 2018 by Sky Mavis, a technology-focused game developer, along with co-founders Trung Nguyen and Aleksander Larsenwith and a team primarily based in Vietnam. Trung Nguyen is the current CEO of the platform, and Aleksander Larsen is credited as a co-founder and COO of the platform. The native ecosystem token, Axie Infinity Shard (AXS), was launched in November 2020, and as of August 2021, the game had around 1 million daily players. In the summer of 2021, Axie Infinity became widely popular on the Ethereum blockchain.
To play, you'll need an Ethereum-compatible crypto wallet and some ETH. You can buy some ETH from an exchange like Coinbase and send it to Coinbase Wallet (which is separate from the main Coinbase app; you can download it via Apple's App Store or Google Play) or Metamask. (You can also download this Chrome extension to connect Coinbase Wallet to a web browser if you'd rather play on a computer.) To start playing, you need to buy at least three Axies from the game's marketplace. Sky Mavis takes a 4.25% cut of all the Axies, virtual real estate, and other items users sell each other. "Rare" Axies with desirable traits cost more. Players can also "breed" new Axies, which costs some of the game's two native cryptocurrencies: Axie Infinity Shards (AXS) and Small Love Potion (SLP). You can earn SLP by successfully battling other players and completing quests.
You can buy and sell AXS via exchanges like Coinbase. SLP, in contrast, can be earned in-game and used to breed Axie.
Decrypt • Nov 27, 23
Gaming Tokens Keep Rising as Axie Infinity, Ronin, and Illuvium Pump
Video game tokens including AXS, RON, and ILV had a strong week, plus ApeCoin hit a three-month high over the weekend.
Read more
CoinDesk • Apr 21, 23
AXS Nurses Losses as Axie Infinity's $156M Token Unlock Looms
Token unlocks are widely seen as bearish catalysts. However, the latest price drop probably stems from a wider market swoon.
Read more
CoinDesk • Mar 30, 23
Axie Infinity’s Ronin Blockchain Overhauls Tech, Expands to New Game Studios a Year After $625M Hack
Ronin will transition to a delegated proof-of-stake consensus mechanism and expand beyond Axie Infinity’s IP.
Read more
CoinDesk • Mar 17, 23
Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group
The Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022.
Read more
The Block • Feb 02, 23
Axie Infinity users can now take loans against in-game assets
Axie Infinity players can borrow up to 30% against their digital assets, as well as stake their assets for a reward.
Read more
Decrypt • Jan 23, 23
Axie Infinity Soars 22% Amid AXS Token Unlock
Amid the AXS token unlock, Axie Infinity has experienced a hefty amount of volatility, rising double-digits, then dipping.
Read more
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Of all the assets on Coinbase, these 12 are the closest to Axie Infinity in market cap.
Here is a selection of advanced trading pairs that people watch and convert
CBETH-ETH
1 cbETH equals 1.0555 ETH
SOL-ETH
1 SOL equals 0.02717 ETH
LSETH-ETH
1 LSETH equals 1.03045 ETH
TRB-BTC
1 TRB equals 0.000348 BTC
WBTC-BTC
1 WBTC equals 0.9997 BTC
ETH-BTC
1 ETH equals 0.05373 BTC
BTC-USDC
1 BTC equals 19,689.00 USDC
ETH-USDC
1 ETH equals 1,079.00 USDC
USDT-USDC
1 USDT equals 1.0003 USDC
BTC-USDT
1 BTC equals 41,850.57 USDT
ASM-USDT
1 ASM equals 0.00994 USDT
ETH-USDT
1 ETH equals 2,248.37 USDT
364 unique individuals are talking about Axie Infinity and it is ranked #47 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Axie Infinity has an average sentiment score of 0 out of 5. Finally, Axie Infinity is becoming less newsworthy, with 0 news articles published about Axie Infinity. This is a 100% decrease in news volume compared to yesterday.
On Twitter, people are mostly neutral about Axie Infinity. There were 17.61% of tweets with bullish sentiment compared to 10.93% of tweets with a bearish sentiment about Axie Infinity. 71.46% of tweets were neutral about Axie Infinity. These sentiments are based on 494 tweets.
On Reddit, Axie Infinity was mentioned in 0 Reddit posts and there were 0 comments about Axie Infinity. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Contributors
364 people
Posts
426 posts
Dominance
0.04%
Volume rank
#47
Tweet Count
494 people
Sentiment
17.61%
Bullish
71.46%
Neutral
10.93%
Bearish
Conversion Table
AXS/CAD (Canadian Dollar)
CA$9.00
AXS/JPY (Japanese Yen)
¥975.90
AXS/INR (Indian Rupee)
₹554.85
AXS/BRL (Real)
R$32.61
AXS/EUR (Euro)
€6.12
AXS/NGN (Nigerian Naira)
NGN 5,287.26
AXS/KRW (South Korean Won)
₩8,674.07
Coinbase
How to Buy Axie Infinity
Good news! You can buy Axie Infinity on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Axie Infinity.
Read more
Coinbase
How to Stake Axie Infinity
You can earn rewards for Axie Infinity through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
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The price of Axie Infinity has fallen by 3.20% in the past 7 days. The price increased by 1.22% in the last 24 hours. The current price is $6.65 per AXS. Axie Infinity is 95.98% below the all time high of $165.37.
The current circulating supply is 132,040,366.969 AXS.
We update our Axie Infinity to USD currency in real-time. Get the live price of Axie Infinity on Coinbase.
The current market cap of Axie Infinity is $878.77M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Axie Infinity is $165.37. This all-time high is highest price paid for Axie Infinity since it was launched.
Over the last 24 hours, the trading volume of Axie Infinity is $117.82M.
Assets that have a similar market cap to Axie Infinity include Aave SNX V2, Flow, First Digital USD, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Axie Infinity is 132 million.
The median time that Coinbase customers hold Axie Infinity before selling it or sending it to another account or address is 48 days.
Axie Infinity ranks 85 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 91% of Coinbase users are buying Axie Infinity. In other words, 91% of Coinbase customers have increased their net position in Axie Infinity over the past 24 hours through trading.
Yes, Axie Infinity is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Axie Infinity guide.
Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.